It wasn’t 1929 for the legal tech industry, but it wasn’t great either. Thomson Reuters lost around 15 percent of its value. LexisNexis’s parent company dropped about 14 percent. DocuSign fell 11 percent. A lot of the industry isn’t publicly traded, so we didn’t get to see how their investors responded to the news, but it probably looked similarly grim over at Harvey HQ.The catalyst for this carnage — which the Jefferies Group is calling the “SaaSpocalypse” — had nothing to do with the ongoing h...
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